“Take back control!” A message often used by politicians is now being heeded by Hyundai, who recently announced they will be manufacturing their own chips to secure the own supply chain as it moves into the electric vehicle industry.
EVs require an estimated 500 to 1000 semiconductors per vehicle (approximately three times the number of combustion engine-based vehicles). As such, it is no surprise that EVs are particularly vulnerable to semiconductor shortages, says the article.
Recognising the numerous challenges faced by semiconductor suppliers, Hyundai recently announced that it will manufacture its own automotive-grade semiconductors. To manufacture the part, Hyundai will be turning to its semiconductor affiliate, Hyundai Mobis, which will focus on developing and producing power semiconductors.
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